Brussels, Belgium, Feb 13, 2026 (AFP) - EU clears Universal's $775-mn Downtown bid

NAMPA / AFP
2026-02-13
The EU on Friday approved Universal Music Group's $775-million acquisition of global music services company Downtown, subject to conditions. The European Commission said the deal could go through if there is a "full divestment of Downtown's royalty accounting platform Curve". This would "prevent UMG from obtaining access to the commercially sensitive data of its rivals stored on Curve", said the commission, the EU's antitrust regulator. It had wa......
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